the industry saying the tax has put its expansion plans in Australia at risk.

BY MATTHEW LIDDY

But property investors should take the mining industry’s rhetoric with a hefty grain of salt, according to hotspotting.com.au founder Terry Ryder, a man who spends a fair chunk of his time assessing regional Australian property markets.

Fortescue Metals Group says it’s put two of its three expansion projects on hold as it reviews the potential impact of the tax, while BHP Billiton has also indicated some planned projects could move offshore.
However, Ryder doesn’t believe investors need to fear the impact of the proposed tax flowing through to their property returns.